A national real estate firm hopes to build a headquarters building for regional and national corporations at the University of Kentucky's Coldstream Research Campus, officials have announced.
KDC, a commercial real estate and investment firm based in Dallas, said it will begin construction when 50 percent of the planned 100,000-square-foot building is leased. KDC is under subcontract with Sperry Van Ness Commercial Real Estate Advisors in Lexington to build the three-story, energy-efficient building.
According to KDC, the planned building features a floor design that accommodates more employees per square foot than the industry average, and it has energy-efficient modifications.
"I am excited that KDC has taken an interest in marketing their Corporate Center design on the Coldstream Research Campus," said George Ward, executive director of Coldstream. "Their involvement will show a national audience why companies like Hewlett Packard, Tempur-Pedic, A&W Restaurants, Allconnect and Bingham McCutchen call Coldstream home."
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The 735-acre campus is off Newtown Pike near I-64 and I-75. The research campus houses more than 62 companies with 1,360 employees that work in the biotech, pharmaceutical, equine health and service industries.